INTERESTING FACTS RE CHAMPIONSHIP CLUBS

[gramiller1959]

blackpool only one to make a profit




piggies lost 3.7million, wage bill was 11.9million



etc etc - view external link

[Deepmidwinter]

Frightening statistics. Can't help thinking that the day of reckoning approaches for many clubs

[gramiller1959]

Frightening statistics. Can't help thinking that the day of reckoning approaches for many clubs

makes you wonder how some are still trading as they are clearly insolvent


the government must take in a good rake to allow it to continue

[Barnsley_Miller]

Frightening statistics. Can't help thinking that the day of reckoning approaches for many clubs

They cant all have a "Mug" Bank to write off debts

[CAMiller]

Frightening statistics. Can't help thinking that the day of reckoning approaches for many clubs

About 8 years ago a bank here in the US (the 6th largest) offered me a mortgage that was 12 times my annual salary - needless to say, shortly afterwards they went out of business in a big, big way.

I trust that TS, SE and our bankers won't have their heads swayed by the shiny lights of the Premiership.

[gramiller1959]

Frightening statistics. Can't help thinking that the day of reckoning approaches for many clubs

About 8 years ago a bank here in the US (the 6th largest) offered me a mortgage that was 12 times my annual salary - needless to say, shortly afterwards they went out of business in a big, big way.

I trust that TS, SE and our bankers won't have their heads swayed by the shiny lights of the Premiership.[/quote]


we had them here CA that would just tell you put down what you earned with no proof needed (halifax) the guy that bought a house off me in 2007 got a morgage for 190k on a "self certification" morgage ... the house was repossessed last year :/

[sawmiller]

Blackpool and Watford have managed okay on (relatively) modest wage to income ratios (and not particularly massive crowds) - the rest read like a impending motorway pile up...

I don't run my businesses like that...wage bills 30-35% absolute max. - usually lower...

[wrinkly]

These figures are for the 2012-2013 season

Wolves, with a wage bill of 31.1 million got relegated.

[wrighty_1]

Oh the irony, you posting about something interesting.

Give it a rest you boring b*stard

[gramiller1959]

Oh the irony, you posting about something interesting.

Give it a rest you boring b*stard

who is that intended for ?